Mad Money Machine

20 Responses

1. hanks1415 July 7 2007 @ 2:29 pm

   In keeping with the theme of the show, I thought about skipping the comments section…that is until I heard I could win Hebner’s book! I’ve read through the entire free online version, but just haven’t pulled the trigger and bought my copy yet!
   Love the show, Paul! I always look forward to listening and hope that you will keep up the good work. I haven’t found a podcast of comparable quality and content yet!

2. olivr2 July 8 2007 @ 9:07 am

   love the show!

3. Fire128 July 8 2007 @ 6:34 pm

   love the show, you have opened my eyes from being a Cramer-holic. I would like to win the book to further my learning on index funds. Thank You Paul!

4. heidi59 July 8 2007 @ 9:55 pm

   You keep putting interesting information about different ways to invest, great gurus, great tools in the crib and best of all, weaned me off of Jim Cramer, so I will keep listening. If I win the book that’ll be icing on the cake.

   Keep up the good work. Thank you.

5. timtipton July 9 2007 @ 8:32 am

   Thanks for your hard work – i love the show, and as a newly interested investor (that is a NEWB investor) I’m glad i found your podcast when i did, as i was on my way to becoming the cramer nation member #9847539045.

   Would love a copy of the book – would get me started out right!

6. yomomma2000 July 9 2007 @ 9:10 am

   Hi Paul. Thanks for a great show…I have something disturbing to share…..
   Last week I was idly flipping channels and I saw a financial program on CNBC with several investment gurus giving advice. The moderator called on one guru for his advice and he advocated index funds as the best approach. He then elaborated on the amazing returns that indexing has produced in the past number of years.
   When the moderator called upon a second guru, he sneered in response to the remarks the first guru had made. (It was a true SNEER and that is what fascinated me and made me stop flipping channels for a minute.)This guy then went on to say that sure, the S&P500 is doing well now, but if you had invested in that same index from 1906 to 1940, your investment would have remained flat for the whole time period.
   I don’t know what program that was, or even who was doing the talking, but I do remember those dates of 1906 to 1940 clearly. Is guru #2 correct about the returns in those years?
   Yikes! Say it’s not so.

   yomomma2000

7. wizkid July 9 2007 @ 9:49 am

   I would love another book since I gave my original away to a friend. Got my first book at Half Price Books – obviously a disgruntled active stock picker who mirrored his stock performance and sold his book purchase at a loss 🙁

   Well his loss was my gain. And I doubled my investment by giving the book away to a future passive investor convert.

   Your shows are always appreciated and entertaining. I look forward to each one. I need a twice monthly dose of passive investing preaching to keep my active gambling instinct in check.

   Keep up the good work.

   Garen Wisner

8. deml247 July 9 2007 @ 11:55 am

   ribbit

9. recoveringTrader July 9 2007 @ 1:51 pm

   Thanks for producing such a high quality and informative show, Paul. I nominated your show for best business podcast. I think you deserve to win it all.

   Tom

10. Modo K Ching July 9 2007 @ 5:32 pm

    Paul,

    Great show! You’ve got the most entertaining and informative podcast on investing out there. You’ve totally changed my mind about stock picking and index funds.

11. olivr2 July 10 2007 @ 8:16 am

    How about a MMM Nike+ challenge? Because of you I just picked one up and it’s looking pretty cool.

12. jwadethack July 10 2007 @ 3:19 pm

    You’re beginning to open my eyes to the benefits of the lazy man’s investing strategy and I’d love to get a copy of “The Book” to gain more insight because don’t quite have the $100K for IFA just yet (but hope to soon).

    Keep up the good work.

13. vancwa1 July 10 2007 @ 5:19 pm

    I already have “The Book” so no need to enter me into the contest. For everyone that doesn’t win it, it’s definitely worth spending the paltry $20 at Amazon when they get the new printing. Much better deal than the Infinity razor.

14. ravjim July 11 2007 @ 12:35 pm

    I like the idea of the infinity razor. I am thinking of trying the everlasting milk jug. Filled free plus S&H.

    BTW Paul, I would like a Boyerian view of ETF’s comparing last year’s picks to the ones from show 59. Clearly new ETF’s have come ‘online’ and I am wondering if in a late fall show there would be a look back to the Boyer folio from 2006 and the show 59 suggested list.

    JE

15. ravjim July 11 2007 @ 1:20 pm

    I tried to post and it didn’t save. Anyway, perhaps in addition to just having a stock picking portfolio a the Marketwatch game, perhaps we should also include an ETF game as well. Then again, we are SLOTHFUL folk.

    JE

16. ananda July 12 2007 @ 3:25 pm

    Greetings. Great Show, Thanks for your comparison of index portfolios.
    Well, the show got me to comment. I started getting into investing in the start of this year. I’ve read a dozen books and so far I am loving passive indexing.

    For fun I am trying to market time on VSE and it is proving to be difficult. Example, When I shorted REITs, they bounced back up. Then after I buy-to-cover to cut loses, they head down again >.

17. Top Dog July 14 2007 @ 9:40 am

    Paul, you helped push me to become an index fund investor. I planned out a multi-year conversion to index funds and did the tax-advantaged accounts first. Now on to individual stocks in taxable accounts-no expenses, but the diversification stinks. Also, the tax bite is extremely painful. That’s why I am spreading the conversion out over several years. Thank you and stay invested.

18. dylster13 July 14 2007 @ 12:26 pm

    Great show PDB. Keep up the running and keep up the good show. Now I’d love to win that book!

19. Rick and Beth July 14 2007 @ 6:17 pm

    Thanks for all the motivation. Whenever CNBC draws me in and convinces me of a stock that I have to buy, I just listen to your podcast and go play some video games. Thanks Paul!!

20. hanks1415 July 14 2007 @ 8:40 pm

    I’ve got a potential discussion question for a future show: I’m a relatively recent college grad that just finished taking the GMAT test in preparation for applying for an MBA, and was pleasantly surprised with a great score. As a Chicago resident, and a student of the MMM (and the resulting learning about Fama & French’s work on the markets), I’m thinking that the University of Chicago would be a great option. (Assuming I could get in) I would love to make a career out of helping others effectively manage their money and apply the investing principles I’ve learned. What would be the best way to go about persuing a career in investment and money management, without selling out to one of the investment banks?